CURIS INC 4
4 · CURIS INC · Filed Feb 20, 2014
Insider Transaction Report
Form 4
CURIS INCCRIS
Fattaey Ali Ph.D.
President & COO
Transactions
- Award
Nonqualified stock option (right to buy)
2014-02-18+200,000→ 300,000 totalExercise: $3.09Exp: 2024-02-18→ Common stock (200,000 underlying) - Award
Employee stock option (right to buy)
2014-02-18+100,000→ 100,000 totalExercise: $3.09Exp: 2024-02-18→ Common stock (100,000 underlying)
Footnotes (2)
- [F1]This option vests as to 25% of the original 100,000 shares on February 18, 2015 and as to an additional 6.25% of the original shares each successive three month period through and until February 18, 2018.
- [F2]The option vests, if at all, in four 50,000 share increments, on that date that is three business days after the date on which the reported closing sale price of the Company's common stock on the Nasdaq Global Market or, if that is not then the principal trading market for the Company's common stock, such principal market on which the Company's common stock is then traded or listed, has equaled or exceeded $6.00 per share, $7.50 per share, $9.00 per share and $10.50 per share, respectively, for a period of 60 consecutive trading days, provided that, in no event will this option vest in whole or in part on or after February 18, 2017.